FinnvedenBulten Full Year Report for the period January – December, 2012 – FinnvedenBulten

Article by · 2013/02/08 ·

PRESS RELEASE | GOTHENBURG, 7 FEBRUARY 2013 Tough finish in 2012, promising ventures in Russia and China, unchanged dividend 

FOURTH QUARTER

Net sales reached SEK 677 million (803), down 15.7% on the same period last year.
Earnings (EBIT) were SEK 10 million (43), which gave an operating margin of 1.4% (5.4).
Earnings after tax for the quarter was SEK -16 million (30).
Earnings after tax included SEK –19 million in one-off effect due to the changed tax rate in Sweden.
Order bookings amounted to SEK 578 million (780), down 25.9% on the same period last year.
Cash flow from current activities was SEK 44 million (97).
Earnings per share were SEK –0.77 (1.40), or SEK 0.14 (1.40) when adjusted for the one-off effect due to the changed tax rate in Sweden.
Two strategically important agreements were signed concerning establishment in Russia and China, both with significant growth potential.
JANUARY-DECEMBER 2012

Net sales reached SEK 2,963 million (3,085), down 3.9% on the same period last year. (…)

via Rss news item – FinnvedenBulten.